7 hours Ago By ABMN Staff
AlphaQuest LLC lessened its position in shares of Telephone and Data Systems, Inc. ( NYSE:TDS – Free Report ) by 57.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission.
The institutional investor owned 6,313 shares of the Wireless communications provider’s stock after selling 8,584 shares during the quarter. AlphaQuest LLC’s holdings in Telephone and Data Systems were worth $215,000 as of its most recent SEC filing. Several other large investors have also recently modified their holdings of TDS.
OneDigital Investment Advisors LLC bought a new position in shares of Telephone and Data Systems during the 3rd quarter worth approximately $211,000. Natixis Advisors LLC grew its position in Telephone and Data Systems by 23.7% during the 3rd quarter.
Natixis Advisors LLC now owns 69,818 shares of the Wireless communications provider’s stock worth $1,624,000 after purchasing an additional 13,385 shares during the last quarter. Quest Partners LLC grew its position in Telephone and Data Systems by 277.6% during the 3rd quarter.
Quest Partners LLC now owns 14,897 shares of the Wireless communications provider’s stock worth $346,000 after purchasing an additional 10,952 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its position in Telephone and Data Systems by 66.
6% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 284,906 shares of the Wireless communications provider’s stock worth $6,624,000 after purchasing an additional 113,862 shares during the last quarter.
Finally, Intech Investment Management LLC grew its position in Telephone and Data Systems by 56.4% during the 3rd quarter. Intech Investment Management LLC now owns 57,001 shares of the Wireless communications provider’s stock worth $1,325,000 after purchasing an additional 20,564 shares during the last quarter.
Institutional investors own 80.00% of the company’s stock. Wall Street Analyst Weigh In Separately, JPMorgan Chase & Co.
boosted their target price on shares of Telephone and Data Systems from $53.00 to $56.00 and gave the stock an “overweight” rating in a research report on Monday, February 24th.
Telephone and Data Systems Stock Up 3.1 % NYSE:TDS opened at $35.03 on Monday.
The company has a market cap of $3.99 billion, a PE ratio of -6.49 and a beta of 0.
75. Telephone and Data Systems, Inc. has a twelve month low of $14.
04 and a twelve month high of $41.21. The company has a current ratio of 1.
59, a quick ratio of 1.44 and a debt-to-equity ratio of 0.85.
The company’s 50 day moving average is $35.87 and its two-hundred day moving average is $31.33.
Telephone and Data Systems ( NYSE:TDS – Get Free Report ) last released its quarterly earnings data on Friday, February 21st. The Wireless communications provider reported ($0.09) EPS for the quarter, beating the consensus estimate of ($0.
32) by $0.23. The business had revenue of $1.
24 billion for the quarter, compared to the consensus estimate of $1.23 billion. Telephone and Data Systems had a negative net margin of 10.
72% and a positive return on equity of 1.12%. Analysts anticipate that Telephone and Data Systems, Inc.
will post -0.31 EPS for the current year. Telephone and Data Systems Dividend Announcement The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st.
Stockholders of record on Monday, March 17th will be issued a $0.04 dividend. This represents a $0.
16 annualized dividend and a dividend yield of 0.46%. The ex-dividend date is Monday, March 17th.
Telephone and Data Systems’s dividend payout ratio (DPR) is currently -18.60%. Telephone and Data Systems Profile ( Free Report ) Telephone and Data Systems, Inc, a telecommunications company, provides communications services in the United States.
It operates through two segments: UScellular and TDS Telecom. The company offers wireless solutions to consumers, and business and government customers, including a suite of connected Internet of things (IoT) solutions, and software applications for monitor and control, business automation/operations, communication, fleet and asset management, smart water solutions, private cellular networks and custom, and end-to-end IoT solutions; wireless priority services and quality priority and preemption options; smartphones and other handsets, tablets, wearables, mobile hotspots, fixed wireless home internet, and IoT devices; and accessories, such as cases, screen protectors, chargers, and memory cards, as well as consumer electronics, including audio, home automation and networking products. See Also Receive News & Ratings for Telephone and Data Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Telephone and Data Systems and related companies with MarketBeat.
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